Gottstein may play better with Credit Suisse’s investment bankers

CreditSuisse_PA_575x375_10Feb2020
By David Rothnie
10 Feb 2020

Credit Suisse’s outgoing chief executive Tidjane Thiam thought he could win the power struggle against chairman Urs Rohner but he overlooked the real power broker — Severin Schwan.

Schwan is the bank’s vice-chairman and lead independent director, and his imprint was on Thiam’s exit.

Also the CEO of Roche, the healthcare company controlled by one of Switzerland’s richest and most powerful families, Schwan had been horrified by the impact that the “spygate” scandal was having ...

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